Spar Group Stock Chance of Future Stock Price Finishing Under 2.21
| SGRP Stock | USD 2.24 0.03 1.36% |
SPAR |
SPAR Target Price Odds to finish below 2.21
The tendency of SPAR Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 2.21 or more in 90 days |
| 2.24 | 90 days | 2.21 | about 37.27 |
Based on a normal probability distribution, the odds of SPAR to drop to $ 2.21 or more in 90 days from now is about 37.27 (This SPAR Group probability density function shows the probability of SPAR Stock to fall within a particular range of prices over 90 days) . Probability of SPAR Group price to stay between $ 2.21 and its current price of $2.24 at the end of the 90-day period is nearly 4.12 .
Given the investment horizon of 90 days SPAR Group has a beta of -2.7. This usually implies as returns on its benchmark rise, returns on holding SPAR Group are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, SPAR is expected to outperform its benchmark. Moreover SPAR Group has an alpha of 1.006, implying that it can generate a 1.01 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SPAR Price Density |
| Price |
Predictive Modules for SPAR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SPAR Group. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.SPAR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SPAR is not an exception. The market had few large corrections towards the SPAR's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold SPAR Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SPAR within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.01 | |
β | Beta against Dow Jones | -2.7 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | 0.07 |
SPAR Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of SPAR for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SPAR Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SPAR Group is way too risky over 90 days horizon | |
| SPAR Group appears to be risky and price may revert if volatility continues | |
| SPAR Group is unlikely to experience financial distress in the next 2 years | |
| SPAR Group has a strong financial position based on the latest SEC filings | |
| About 71.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Is Most-Watched Stock SPAR Group, Inc. Worth Betting on Now |
SPAR Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of SPAR Stock often depends not only on the future outlook of the current and potential SPAR's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. SPAR's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.5 M | |
| Cash And Short Term Investments | 10.7 M |
SPAR Technical Analysis
SPAR's future price can be derived by breaking down and analyzing its technical indicators over time. SPAR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SPAR Group. In general, you should focus on analyzing SPAR Stock price patterns and their correlations with different microeconomic environments and drivers.
SPAR Predictive Forecast Models
SPAR's time-series forecasting models is one of many SPAR's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary SPAR's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about SPAR Group
Checking the ongoing alerts about SPAR for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SPAR Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SPAR Group is way too risky over 90 days horizon | |
| SPAR Group appears to be risky and price may revert if volatility continues | |
| SPAR Group is unlikely to experience financial distress in the next 2 years | |
| SPAR Group has a strong financial position based on the latest SEC filings | |
| About 71.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: Is Most-Watched Stock SPAR Group, Inc. Worth Betting on Now |
Additional Tools for SPAR Stock Analysis
When running SPAR's price analysis, check to measure SPAR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPAR is operating at the current time. Most of SPAR's value examination focuses on studying past and present price action to predict the probability of SPAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPAR's price. Additionally, you may evaluate how the addition of SPAR to your portfolios can decrease your overall portfolio volatility.